Wednesday, 28 January 2015

Spain: Government announces intent to adopt country-by-country reporting requirements

Spain's government has announced its intent to adopt the Organisation for Economic Co-operation and Development’s (OECD) recommended country-by-country (CbC) reporting requirements. Details are to be included in the draft Corporate Income Tax Regulations that are due to be issued in the upcoming months. The adoption of CbC reporting will have a profound influence on how companies approach and deal with their transfer pricing documentation.
Source: PwC